Known as the Wholesale Price Index from the time of its inception till the late 1970s, the Producer Price Index (PPI) and the Consumer Price Index both have extrapolative value and are used to define various economic facets. However, it is important to note that the consumer price index solely emphasizes on consumer spending and […]Read More
The US dollar was little changed against a basket of currencies on Monday, as American traders paused to observe President’s Day. The greenback could face significant action this week, led by a slew of housing data and the minutes of the January 27-8 FOMC policy meetings. The US dollar index, a weighted average of the […]Read More
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